A company reports the following: Net income $562,000 Preferred dividends $50,000 Shares of common stock outstanding...
A company reports the following:
| Net income | $562,000 |
| Preferred dividends | $50,000 |
| Shares of common stock outstanding | 80,000 |
| Market price per share of common stock | $32 |
a. Determine the company's earnings per share
on common stock. Round your answer to two decimal places.
$
b. Determine the company's price-earnings ratio.
$
Homework Answers
The answer to the above mentioned question is :
a. the company's earnings per share on common stock = $6,4
b. the company's price-earnings ratio = 5
Explanation
Earning per share : is the earning that the company have per
share.
It is calculated using net income, dividend to preference
shareholders and average outstanding shares stock.
Formula
EPS = Net income - Preferred Dividened /Average outstanding shares
stock
Price earning ratio : is the ratio between the Share price/Market price per share and the Earning per share the company is having.
It is calculated using formula :
P/E ratio = Share price/Market price per share upon Earning per
share (EPS).
Further explanation is given below in form of an image
Add Answer to:
A company reports the following:
Net income
$562,000
Preferred dividends
$50,000
Shares of common stock outstanding...
A company reports the following: Net income $615,000 Preferred dividends $35,000 Shares of common stock outstanding...
A company reports the following: Net income $615,000 Preferred dividends $35,000 Shares of common stock outstanding 100,000 Market price per share of common stock $45.82 a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. $ b. Determine the company's price-earnings ratio. Round to one decimal place.
Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000...
Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000 Average stockholders' equity Average common stockholders' equity 3,800,000 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. (Round percentages to one decimal place.) a. Return on stockholders' equity b. Return on common stockholders' equity Earnings per Share and Price Earnings Ratio A company reports the following: Net income $410,000 Preferred dividends $60,000 Shares of common stock outstanding 50,000...
A company reports the following: Net income $758,420 Preferred dividends $56,180 Shares of common stock outstanding...
A company reports the following: Net income $758,420 Preferred dividends $56,180 Shares of common stock outstanding 48,000 Market price per share of common stock $42.43 Calculate the company's earnings per share on common stock. Round your answer to the nearest cent. $
A company reported the following: Net income 270,000 Preferred Dividends 10,000 Shares of common stock outstanding...
A company reported the following: Net income 270,000 Preferred Dividends 10,000 Shares of common stock outstanding 20,000 Market price per share of common stock 36.40 Calculate the company's price-earnings ratio. Round your answer to one decimal place.
A company reports the following: Net income Preferred dividends $1,031,660 $76,420 52,000 $53.27 Shares of common...
A company reports the following: Net income Preferred dividends $1,031,660 $76,420 52,000 $53.27 Shares of common stock outstanding Market price per share of common stock Calculate the company's earnings per share on common stock. Round your answer to the nearest cent.
Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $730,000 Preferred dividends...
Earnings per Share and Price-Earnings Ratio A company reports the following: Net income $730,000 Preferred dividends $41,000 Shares of common stock outstanding 65,000 Market price per share of common stock $87.98 a. Determine the company's earnings per share on common stock. Round your answer to the nearest cent. Use the rounded answer of requirement a for subsequent requirement, if required. $ b. Determine the company's price-earnings ratio. Round to one decimal place.
Preferred stock outstanding, 1% 200 800 Net income Average number of shares of common stock outstanding...
Preferred stock outstanding, 1% 200 800 Net income Average number of shares of common stock outstanding 300 The annual report of Sweet Cars, Inc., for the year ended December 31, 2018, included the following items (in millions): (Click the icon to view the items on the annual report.) 1. Calculate earnings per share (EPS) and the price-earnings ratio for Sweet Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $35.91. 2. How...
Please answer All questions 1.) A company reports the following: Net income $170,000 Preferred dividends 6,800...
Please answer All questions 1.) A company reports the following: Net income $170,000 Preferred dividends 6,800 Average stockholders' equity 1,231,884 Average common stockholders' equity 816,000 Determine (a) the the return on stockholders’ equity and (b) the return on common stockholders’ equity. If required, round your percentages to one decimal place. a. The rate earned on stockholders' equity % b. The rate earned on common stockholders' equity % 2.) A company reports the following: Net income $248,000 Preferred dividends $14,000 Shares...
1. Given the following data: Net Income Preferred Dividends Common Dividends Common Shares Outstanding $500,000 40,000...
1. Given the following data: Net Income Preferred Dividends Common Dividends Common Shares Outstanding $500,000 40,000 250,000 150,000 shs Market price per share Dec. 31 S27 Calculate: a. b. Earnings per share The price-earnings ratio The dividend yield rate on common stock A. Earnings per share: B. The price-earnings ratio: Ans. C. The dividend yield rate on common stock: Ans.
1. Return on total assets A company reports the following income statement and balance sheet information...
1. Return on total assets A company reports the following income statement and balance sheet information for the current year: Net income $172,560 Interest expense 30,450 Average total assets 2,010,000 Determine the return on total assets. If required, round the percentage to one decimal place. _______% 2. Common Stockholders' Profitability Analysis A company reports the following: Net income $190,000 Preferred dividends 7,600 Average stockholders' equity 1,407,407 Average common stockholders' equity 852,336 Determine (a) the the return on stockholders’ equity and...
Common Stockholders' Profitability Analysis A company reports the following: Net income $1,000,000 Preferred dividends 50,000 6,250,000 Average stockholders' equity Average common stockholders' equity 3,800,000 Determine (a) the return on stockholders' equity and (b) the return on common stockholders' equity. (Round percentages to one decimal place.) a. Return on stockholders' equity b. Return on common stockholders' equity Earnings per Share and Price Earnings Ratio A company reports the following: Net income $410,000 Preferred dividends $60,000 Shares of common stock outstanding 50,000...
A company reports the following: Net income Preferred dividends $1,031,660 $76,420 52,000 $53.27 Shares of common stock outstanding Market price per share of common stock Calculate the company's earnings per share on common stock. Round your answer to the nearest cent.
Preferred stock outstanding, 1% 200 800 Net income Average number of shares of common stock outstanding 300 The annual report of Sweet Cars, Inc., for the year ended December 31, 2018, included the following items (in millions): (Click the icon to view the items on the annual report.) 1. Calculate earnings per share (EPS) and the price-earnings ratio for Sweet Cars' stock. Round to the nearest cent. The price of a share of the company's stock is $35.91. 2. How...
1. Given the following data: Net Income Preferred Dividends Common Dividends Common Shares Outstanding $500,000 40,000 250,000 150,000 shs Market price per share Dec. 31 S27 Calculate: a. b. Earnings per share The price-earnings ratio The dividend yield rate on common stock A. Earnings per share: B. The price-earnings ratio: Ans. C. The dividend yield rate on common stock: Ans.
Most questions answered within 3 hours.
-
The price of 1 lb of potatoes is $1.75. If all the potatoes sold
today at...
asked 41 minutes ago -
Garcia Company issues 20.00%, 15-year bonds with a par value of
$470,000 and semiannual interest payments....
asked 39 minutes ago -
In C++ Programming, Try using loops only.
This lab demonstrates the use of the While Loop...
asked 1 hour ago -
Effect of DCMU and sodium azide on Chlamydomonas? We did an
experiment where we had Chlamydomonas...
asked 2 hours ago -
1a) According to the ideal gas law, _______________.
a. a gas has infinite volume at absolute...
asked 3 hours ago -
Oakdale Fashions, Inc. had $245,000 in 2018 taxable income.
Using the tax schedule in Table 2.3...
asked 4 hours ago -
The marketing class at CSUS had an average score of 150. An
educational analyst determined that...
asked 5 hours ago -
Justin Case has purchased a $250 000 home by putting 20 % down
and taking out...
asked 5 hours ago -
1. In a labor market, marginal cost for a firm is
____________.
a. recruiting cost
b....
asked 6 hours ago -
On January 1, 2019, ABC Company issued $60,000,000 of 20-year,
10.5% bonds when the market rate...
asked 6 hours ago -
39.4% of US homes continue to use a landline in addition to cell
phone service. 3...
asked 7 hours ago -
Starting with benzene, synthesize 1-phenyl-1-butyne.
Show intermediates and reagents.
asked 8 hours ago